A Chinese suit-maker Warren Buffett swears by has set its sights on North America

Investment mogul Warren Buffett has sworn by Dayang Group's suits
for years. Now the Chinese manufacturing powerhouse has set its
sights on North America.

Buffett loves the brand so much, he appeared in a
promotional video in 2009 extolling the virtues of the
15,000-employee company. Buffett claimed he "threw out all his
suits" and bought nine made by the company instead.

"They're comfortable and people tell me they look good," Mr.
Buffett told the Wall Street Journal then. "I went 78 years
before I got a compliment on my appearance."

Buffett has even had four Berkshire Hathaway shareholders,
including Bill Gates, fitted for Duyang suits, even though he
maintains no stake in the company.

Buffett isn't the only American who's a fan of Dayang. The
company also makes suits for Ralph Lauren, Macy's,
Banana Republic, J. Crew, and others, as well as their own luxury
suit brand Trands (Buffett's favorite).

Suits sold by the company go for about $800, which is especially
expensive for Chinese markets. The company mainly serves
Chinese leaders, and their stores are closed to the general
public.

Boosted by its relationship with Buffett, Duyang is now
looking to expand to America.

The company just purchased a $30 million stake in Vancouver-based
web-first suiting brand Indochino,
according to Bloomberg, which has made a name for itself
selling well-fitting suits at affordable prices. Though the
company primarily sells its suits online, Indochino
is looking to expand from its current 10 showrooms in
North America to 150 worldwide by 2020.

Bloomberg speculates the $30 million investment may lead
to a the North American retail outlet for the ambitious
Chinese brand.

The company has also leased a 4,000 square foot showroom on Fifth
Ave in Manhattan since August of 2015,
according to the Real Deal, which has not yet opened to the
public.